Michael Krigsman did some digging into the State of California’s CIO report on state level IT and found some interested statistics, and provided a not so complimentary view of management of IT within the state. This is important because it’s one more example of taxpayer monies being consumed at alarming rates with little accountability by officials for meeting targets and milestones.

The median project cost per year is interesting: items on the active list run at yearly cost rate ten times higher than those completed successfully. While larger projects are usually more complex and risky, the success list does includes two projects over $1 billion that were each completed within two years.

[From » Did California’s CIO mislead public on IT success? | IT Project Failures | ZDNet.com]